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Diane Dennis

In 1999, after realizing there were so many contractors who were struggling with the day-to-day of their businesses, Diane Dennis – founder of InformedContractors.com – quit contracting (suspended ceilings) so that she could focus on serving contractors. She now has four construction-related websites and she is rapidly becoming a top advocate for contractors in the United States. With close to 20 years of experience in the world of construction contracting Diane continues to provide information that contractors need when they need it. Find out more and claim your free gift here: http://www.InformedContractors.com/free-gift.html.

Unconditional Waiver / Release Upon Final Payment – Part 5

Once you’ve successfully collected your final payment it’s time to give your customer an “Unconditional Waiver and Release Upon Final Payment” form (#4 release).

Never issue a #4 release form unless you have been successfully paid in full for the entire project. If you do even though you haven’t been paid and you didn’t allow for the exceptions then the courts wouldn’t side with you because unconditional is unconditional – it’s final.

If you have suppliers include the same forms from them.

This article is an overview of waiver/release forms and is not legal advice. Please contact an attorney in your state with any questions you might have.

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Conditional Waiver / Release Upon Final Payment – Part 4

When it’s time to submit the invoice for the final payment you may need to include a “Conditional Waiver and Release Upon Final Payment” form (#3 release).

Usually this release form does not include a “release through date” like the #1 and #2 forms do because it’s your final invoice on the project.

Once you’ve received payment and it has cleared the issuing financial institution then typically that Conditional Release becomes an Unconditional Release. That means you’ll never be able to file a lien on the project (which is okay as long as you’re paid in full).

This article is an overview of waiver/release forms and is not legal advice. Please contact an attorney in your state with any questions you might have.

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Unconditional Waiver / Release Form Upon Progress/Partial Payment – Part 3

You’ve successfully collected your progress payment and now it’s time to provide your customer with an “Unconditional Waiver and Release Upon Progress Payment” form (#2 release).

If you have suppliers include the same forms from them.

The #2 release is unconditional which means you’re giving up all lien rights through the “release through date”. Never issue a #2 release form unless you have been successfully paid for that time frame. If you do even though you haven’t been paid the courts may not side with you because unconditional is unconditional – it’s final.

This article is an overview of waiver/release forms and is not legal advice. Please contact an attorney in your state with any questions you might have.

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Conditional Waiver/Release Form Upon Progress/Partial Payment – Part 2

When it’s time to submit an invoice for a partial / progress payment you may need to include a “Conditional Waiver and Release Upon Progress/Partial Payment” form (#1 release).

If you have suppliers you’ll probably have to include these same forms from them.

This article is an overview of waiver/release forms and is not legal advice. Please contact an attorney in your state with any questions you might have.

Continue reading

Conditional and Unconditional Lien Waiver/Release Forms for Progress and Final Payments – Part 1

Knowing which lien waiver/release form to use when on a construction project can be confusing at times. This series of articles will help to clear up some of the questions.

In Part 1, we'll talk about Conditional and Unconditional Lien Waivers/Release Forms for Progress and Final Payments.

This article is an overview of waiver/release forms and is not legal advice. Please contact an attorney in your state with any questions you might have.

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About Your Host:

Nancy Smyth, Certified QuickBooks ProAdvisor

Nancy Smyth, Sunburst Software Solutions, Inc.
QuickBooks Construction & Payroll Expert


I've been using and supporting QuickBooks products since the early 1990's. I've worked with thousands of contractors, assisting them with QuickBooks setup, Certified Payroll Reporting requirements, AIA Billing and Weighted-Average Overtime.


QuickBooks is a powerful product, but learning how to use it in your construction business can be difficult. I hope you find resources available here to be helpful.

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